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The Commissioner Of Income Tax, Central Iii, Mumbai v. Asha V. Mehta

High Court 22 Sep 2011 In favour of: Unclear
Forum / Bench
High Court · newos
Parties
The Commissioner Of Income Tax, Central Iii, Mumbai v. Asha V. Mehta
Date of order
22 Sep 2011
Assessment year(s)
Outcome
Other

The order — as passed by the High Court

Case summary

In The Commissioner Of Income Tax, Central Iii, Mumbai v. Asha V. Mehta, the High Court (2011) decided the matter.

Issue: P.C. : DATE : 22[nd] September 2011 1.After the matter was argued for some time, counsel on both sides state that in view of the fact that the Income Tax Appellate Tribunal by the impugned order dated 8[th] March 2010 has restored the issue to the file of the assessing officer to ascertain the quest...

Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION INCOME TAX APPEAL NO.5502 OF 2010 The Commissioner of Income Tax, Central III, Mumbai..Appellant. Versus Asha V. Mehta..Respondent. Mr.Vimal Gupta with Ms.Padma Divakar for the appellant.Mr.J.D. Mistri, Senior Advocate with Mr.Atul K. Jasani for the respondent. CORAM : J.P. Devadhar &K.K. Tated, JJ. P.C. : DATE : 22[nd] September 2011 1.After the matter was argued for some time, counsel on both sides state that in view of the fact that the Income Tax Appellate Tribunal by the impugned order dated 8[th] March 2010 has restored the issue to the file of the assessing officer to ascertain the question as to whether 165000 shares of DFL Limited had been genuinely purchased by the assessee from the share broker on 4[th] May 2001,it is not necessary to entertain the present appeal. 2.In this view of the matter, the appeal is disposed off with liberty to the parties to canvas their arguments on the above issue before the assessing officer. No order as to costs. (K.K. Tated, J.) (J.P. Devadhar, J.)
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